Daqing Oil Field

Daqing Oil Field
Location of Daqing Oil Field
CountryChina
RegionHeilongjiang province
Offshore/onshoreOnshore
Coordinates46°36′N 124°54′E / 46.60°N 124.90°E / 46.60; 124.90
OperatorDaqing Oilfield Company Limited
Field history
Discovery1959
Start of production1960
Peak year2008
Production
Current production of oil600,000 barrels per day (~3.0×10^7 t/a)
Year of current production of oil2021
Peak of production (oil)800,000 barrels per day (~4.0×10^7 t/a)
Estimated oil in place16,000 million barrels (~2.2×10^9 t)
Recoverable oil3,600 million barrels (~4.9×10^8 t)
Daqing Oil Field
Simplified Chinese大庆油田
Traditional Chinese大慶油田
Transcriptions
Standard Mandarin
Hanyu PinyinDàqìng Yóutián
Wade–GilesTa4-ch'ing4 Yu2-t'ien2

The Daqing Oil Field (Chinese: 大庆油田, formerly romanized as Taching) is the largest oil field in the People's Republic of China, located between the Songhua river and Nen River in Heilongjiang province. When the Chinese government began to use pinyin for romanization, the field's name became known as Daqing.

It is the largest oil deposit discovered in China and its ability to support China's industrialization changed the country's developmental path. Daqing oil field contained 16 billion barrels (2.5×10^9 m3) or 2.2 billion tons in the beginning and has produced over 10 billion barrels (1.6×10^9 m3) of oil since production started in 1960; the remaining recoverable reserves are about 3.6 billion barrels (570×10^6 m3) or 500 million tons.